As Gold and Silver Decline, Big Profits For Some Hedge Funds

Gold and silver plunged unexpectedly today, giving back what was gained during Japan's first round of fiscal stimulus. The downfall has not ceased apparently and  the metals are expected to tumble further. Experts are advising that the bull market on the lustrous precious metals should not rack up their stakes just yet, saying that selling in gold will further drive down the price. However seeing the most recent decline in gold and silver futures, both metals have stepped into their respective buying zones. Last week, as of April 9, hedge fund positions were crowded in the buy zones of both gold and silver, according to data from...